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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: bobby beara who wrote (9668)4/2/1999 9:24:00 PM
From: Bull RidaH  Read Replies (2) of 99985
 
Bobby,

The ABCDE wave 4 read from 1/8 on the SPX looks good, but it doesn't work very well for the other indices, especially the NYSE & DOW. But I think it has relevance for the SPX, and is my next favorite read for that index, with wave 5 beginning at the 3/3 low. Whichever is correct, both point to a significant intermediate term top coming in the markets in the next couple weeks, if not by the end of this week, but at a higher level... probably in the mid 1300's SPX.

Wow!! what happened to PQT?? Is that thing going higher still?

David
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